China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $22.10, but opened at $21.31. China Mengniu Dairy shares last traded at $21.31, with a volume of 200 shares.
Analyst Ratings Changes
Separately, Zacks Research upgraded China Mengniu Dairy from a “strong sell” rating to a “hold” rating in a report on Monday, October 27th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, China Mengniu Dairy presently has a consensus rating of “Hold”.
View Our Latest Report on CIADY
China Mengniu Dairy Trading Down 9.8%
China Mengniu Dairy Company Profile
China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.
Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).
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